3 ms·

Mira just raised $2B for her company pre-revenue and pre-product.

• wongarsu 1y ago
  Tech valuations were lower across the board in 2012. Meta 15x'd its market cap since then, and Google 10x'd its valuation, despite both companies still holding essentially the same market position today as they did back then. If anything both have a weaker position today than in 2012.
  • henryfjordan 1y ago
    Meta's position is much better, they own Insta and Whatsapp now! Diversification! Google rise makes less sense but their position as king of search seems even more concrete than ever before (although LLMs might threaten that if they don't stay competitive I guess).
  • zeroonetwothree 1y ago
    Meta revenue also went up 15x (actually maybe more?). So implying the valuation has not risen
• borski 1y ago
  All funding was lower in 2012, across the board. Moreover, inflation hadn’t skyrocketed, valuations weren’t as foamy, etc.
  • thegreatpeter 1y ago
    $1B in 2012 is $1.4B in 2025. Source: https://www.in2013dollars.com/us/inflation/2012?amount=1000000000 https://www.in2013dollars.com/us/inflation/2012?amount=10000...
    • borski 1y ago
      Purely from inflation, sure. But an $800k seed round was considered large in 2011/2012. I know because I was there. Now? That would be a small preseed round.